§ 160A-499. Reimbursement agreements. - North Carolina Statutes

§ 160A‑499.  Reimbursement agreements.

(a)        A city may enter into reimbursement agreements with privatedevelopers and property owners for the design and construction of municipalinfrastructure that is included on the city's Capital Improvement Plan and servesthe developer or property owner. For the purpose of this act, municipalinfrastructure includes, without limitation, water mains, sanitary sewer lines,lift stations, stormwater lines, streets, curb and gutter, sidewalks, trafficcontrol devices, and other associated facilities.

(b)        A city shall enact ordinances setting forth procedures andterms under which such agreements may be approved.

(c)        A city may provide for such reimbursements to be paid fromany lawful source.

(d)        Reimbursement agreements authorized by this section shallnot be subject to Article 8 of Chapter 143 of the General Statutes, except asprovided by this subsection. A developer or property owner who is party to areimbursement agreement authorized under this section shall solicit bids inaccordance with Article 8 of Chapter 143 of the General Statutes when awardingcontracts for work that would have required competitive bidding if the contracthad been awarded by the city. (2005‑426, s.8(a).)